Cosan Balance Sheet Health
Financial Health criteria checks 2/6
Cosan has a total shareholder equity of R$51.0B and total debt of R$56.9B, which brings its debt-to-equity ratio to 111.6%. Its total assets and total liabilities are R$139.9B and R$88.9B respectively. Cosan's EBIT is R$7.6B making its interest coverage ratio 4.1. It has cash and short-term investments of R$18.1B.
Key information
111.6%
Debt to equity ratio
R$56.90b
Debt
| Interest coverage ratio | 4.1x |
| Cash | R$18.07b |
| Equity | R$50.98b |
| Total liabilities | R$88.88b |
| Total assets | R$139.87b |
Recent financial health updates
Is Cosan (BVMF:CSAN3) Using Too Much Debt?
Feb 08
Cosan (BVMF:CSAN3) Has A Somewhat Strained Balance Sheet
Oct 26Is Cosan (BVMF:CSAN3) A Risky Investment?
Jul 20Is Cosan (BVMF:CSAN3) Using Too Much Debt?
Mar 14Here's Why Cosan (BVMF:CSAN3) Can Manage Its Debt Responsibly
Dec 14Recent updates
Investors Holding Back On Cosan S.A. (BVMF:CSAN3)
Feb 29Is Cosan (BVMF:CSAN3) Using Too Much Debt?
Feb 08Be Wary Of Cosan (BVMF:CSAN3) And Its Returns On Capital
Dec 28Cosan (BVMF:CSAN3) Has A Somewhat Strained Balance Sheet
Oct 26Returns On Capital At Cosan (BVMF:CSAN3) Paint A Concerning Picture
Sep 06Is Cosan (BVMF:CSAN3) A Risky Investment?
Jul 20Be Wary Of Cosan (BVMF:CSAN3) And Its Returns On Capital
Jun 08Is Cosan (BVMF:CSAN3) Using Too Much Debt?
Mar 14How Did Cosan S.A.'s (BVMF:CSAN3) 8.8% ROE Fare Against The Industry?
Feb 12What Type Of Shareholders Make Up Cosan S.A.'s (BVMF:CSAN3) Share Registry?
Jan 28
Returns On Capital - An Important Metric For Cosan (BVMF:CSAN3)
Dec 29Here's Why Cosan (BVMF:CSAN3) Can Manage Its Debt Responsibly
Dec 14Should You Use Cosan's (BVMF:CSAN3) Statutory Earnings To Analyse It?
Nov 29Cosan S.A.'s (BVMF:CSAN3) Share Price Could Signal Some Risk
Sep 04We Think Cosan (BVMF:CSAN3) Can Stay On Top Of Its Debt
Aug 17How Much Of Cosan S.A. (BVMF:CSAN3) Do Institutions Own?
Jul 27Should You Be Excited About Cosan S.A.'s (BVMF:CSAN3) 18% Return On Equity?
Jul 08Financial Position Analysis
Short Term Liabilities: CSAN3's short term assets (R$28.6B) exceed its short term liabilities (R$16.2B).
Long Term Liabilities: CSAN3's short term assets (R$28.6B) do not cover its long term liabilities (R$72.7B).
Debt to Equity History and Analysis
Debt Level: CSAN3's net debt to equity ratio (76.2%) is considered high.
Reducing Debt: CSAN3's debt to equity ratio has increased from 82.8% to 111.6% over the past 5 years.
Debt Coverage: CSAN3's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: CSAN3's interest payments on its debt are well covered by EBIT (4.1x coverage).